Added to YB: 2024-08-12
Pitch date: 2024-06-30
MCHA.F [bullish]
Compagnie Générale des Établissements Michelin Société en commandite par actions
-19.89%
current return
Author Info
No bio for this author
Company Info
Compagnie Générale des Établissements Michelin Société en commandite par actions engages in the manufacture and sale of tires worldwide.
Market Cap
EUR 22.1B
Pitch Price
EUR 35.21
Price Target
N/A
Dividend
4.40%
EV/EBITDA
5.41
P/E
14.33
EV/Sales
0.99
Sector
Automobile Components
Category
growth
Ariel Investments International Developed Markets Portfolio Holding: Michelin
Michelin (MCHA.F): Strong pricing & 18'+ tire sales offset weak industrial volumes. 2026 targets beat expectations. Solid earnings, strong FCF, buybacks. Global leader, cyclical resilient, pricing power, cost discipline. 'Around/Beyond Tire' initiatives drive long-term growth. Well-positioned for profitable expansion.
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